Showing 21 - 30 of 18,472
The aim of this paper is to propose a conceptual reconstruction of Sen’s conception of individual judgments, through a back-and-forth analysis between his democratic theory of justice and social choice theory. Firstly, while this is never explicitly presented in Sen’s work, we highlight the...
Persistent link: https://www.econbiz.de/10010854405
The death of welfare economics has been declared several times. One of the reasons cited for these plural obituaries is that Kenneth Arrow's impossibility theorem, as set out in his path-breaking Social Choice and Individual Values in 1951, has shown that the social welfare function – one of...
Persistent link: https://www.econbiz.de/10012965234
Capitalizing on the recent work in social choice theory, I re-examine the foundations of post-Pigovian welfare economics and social choice theory. The structure of the "old" and "new" welfare economics is critically scrutinized, and the culprits of the poverty of welfare economics as well as of...
Persistent link: https://www.econbiz.de/10014151162
In this brief comment, the public choice theory aims to distinguish the dilemmas and conflicts in formal and empirical. The hypothesis argues that the reality more complex than the principles of choice of Pareto and Liberalism*. Both the ethics and politics are taking decisions that are not...
Persistent link: https://www.econbiz.de/10008536072
This paper examines the logical performance of new welfare economics from the viewpoint of social choice theory.We show that the logical completeness of its research program hinges squarely on the possibility that, for each Paretian Bergson-Samuelson social welfare ordering R, the social choice...
Persistent link: https://www.econbiz.de/10005450396
Capitalizing on the recent work in social choice theory, we re-examine the foundations of post-Pigovian welfare economics and social choice theory. The structure of the "old" and "new" welfare economics is critically scrutinized, and the culprit of the poverty of welfare economics as well as...
Persistent link: https://www.econbiz.de/10005583507
The article summarises the evolution of the Italian school of public finance, highlighting those themes that most attracted James Buchanan's interest. It considers such topics as the operations of the fiscal authorities, the Leviatan monopolist, financial delusion, public debt theory, and the...
Persistent link: https://www.econbiz.de/10010658823
The new welfare economics, both of the Kaldor-Hicks-Scitovsky-Samuelson school built on the compensation principles and …
Persistent link: https://www.econbiz.de/10008602848
Brand awareness remains fundamental to consumer life as the interaction initiation point to the brands. This paper put forwards the relationship of brand awareness on consumer/brand loyalty in the packaged milk brands in the urban Pakistan. There is evidence of brand awareness and consumer/brand...
Persistent link: https://www.econbiz.de/10008684917
Résumé d'auteur : <p>" On présente brièvement ici la contribution de Georges-Théodule Guilbaud (1912-2006) aux théories agrégatives contemporaines. Précurseur méconnu, il anticipe la conception algébrique de l'agrégation et la théorie plus récente de l'agrégation des jugements, qui...</p>
Persistent link: https://www.econbiz.de/10011031660